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KaVaDo Obtains $10 Million

Updated July 1, 2003 5:22 p.m. ET

KaVaDo Inc., New York, obtained $10 million in series C funding. Pequot Ventures led the round, which included existing investors Banc of America Equity Partners, Neurone Ventures and 3i. Karen White of Pequot Ventures has joined the company's board. The company will use the funds for its sales and marketing activities. KaVaDo (www.kavado.com) provides software for protecting Web applications....